“Tom’s contributions to the company’s growth and stability have been extraordinary,” said Birks & Mayors chair, Lorenzo Rossi di Montelera. “Tom’s history of success in turnaround situations, as well as his leadership skills and sophisticated financial experience have worked very well for us; he has our great appreciation and respect. His legacy here will be substantial.”
Andruskevich will continue in his role until the spring of 2012 when it is expected a successor will be named. After that, he will remain board vice-chair and continue to serve on the board’s executive committee.
“I am enormously proud of what we have been able to accomplish,” Andruskevich said in a letter to employees. “Our current financial position is a tremendous feat in the recent economic environment. I believe it stands as a tribute to the ability, discipline, and commitment to which all of you contribute each and every day.”
